Araku coffee opens 1st retail store in Paris

Image
Press Trust of India New Delhi
Last Updated : Feb 24 2017 | 7:28 PM IST

Don't want to miss the best from Business Standard?

Araku Global Holdings, a venture promoted by top corporate honchos, including Anand Mahindra and Infosys co-founder Kris Gopalakrishnan, today expanded its operations overseas by opening its retail store in Paris.
The company today said it marked the global debut of Indian coffee brand 'Araku' through the flagship retail store in Paris and is looking to expand in Europe.
Commenting on the development, Mahindra said: "We are focussed on making Araku a globally recognised luxury coffee brand from India, while helping improve the lives of tribals in the Araku Valley.
"This, I believe is the future of philanthrophy where a sustainable private enterprise helps serve a larger social need over the long term."
Araku Global Holdings was formed by a group of Indian businessmen, including Mahindra, Gopalakrishnan, Dr Reddy's Chairman Satish Reddy and Rajendra Prasad Maganti, Chairman, Soma Enterprise.
The venture is managed by the Naandi Foundation's CEO, Manoj Kumar along with other trustees.
In addition to its flagship store in Paris, Araku Coffee is also being sold at the LVMH Group-owned La Grande Epicerie de Paris and will soon be on the shelves of other high-end Parisian concept stores, the statement said.
The brand is also available in Switzerland and will be launched in a range of European markets shortly, the company said, adding that Araku coffee is being sold across Europe on the company's website.
This home grown blend of Arabica coffee is cultivated by the indigenous tribes of the Araku Valley in Andhra Pradesh.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 24 2017 | 7:28 PM IST

Next Story